Under what conditions might a Checkers franchisee be eligible to receive a $5,000 referral bonus?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
osure Document).
Franchisee Referral Bonus
We have a current policy under which franchisees who refer a new prospective franchisee candidate to us (with whom we had no prior relationship) may be eligible to receive $5,000 in cash as a referral bonus from us within 30 days of the referred candidate opening a new Franchised Restaurant. We offer this policy in recognition and appreciation of our franchisees' independent and unsolicited efforts toward growing our franchise network. W
Source: Item 5 — INITIAL FEES (FDD pages 17–21)
What This Means (2025 FDD)
According to Checkers's 2025 Franchise Disclosure Document, a franchisee may be eligible for a $5,000 referral bonus under specific conditions. Checkers has a policy where franchisees who refer a new prospective franchisee candidate to them may receive $5,000 in cash as a referral bonus. However, this is contingent on Checkers having no prior relationship with the referred candidate and the candidate successfully opening a new Checkers restaurant. The bonus is paid within 30 days of the new restaurant opening.
This referral bonus is offered as a way for Checkers to acknowledge and appreciate the independent efforts of its franchisees in helping to expand the franchise network. It incentivizes existing franchisees to actively seek out and recommend potential new franchisees, leveraging their knowledge and experience to identify suitable candidates.
It's important to note that Checkers retains the right to modify or cancel this referral bonus policy in the future. Prospective franchisees should confirm the current terms and conditions of the referral program with Checkers before relying on it. This type of referral bonus is not uncommon in the franchise industry, as it helps franchisors grow their brand while rewarding existing franchisees for their contributions.